TAHOE CITY, Calif. — Despite closing earlier this year, the show will go on for one of the few remaining movie theaters on the North Shore.

This summer, the former Cobblestone Cinema will reopen to show a variety of movies along with hosting live performances and offering food, wine and beer under the new ownership of Steven and Melissa Siig and Mark and Liz Gogolewski.

The theater, located at 475 North Lake Blvd. in Tahoe City, will be renamed Tahoe Art Haus & Cinema.

"We want this to be something special that Tahoe can call its own," said Steven Siig, a filmmaker who has long wanted to open a theater in the region.

Mark, meanwhile, has long wanted to help breathe new life into Tahoe City; together, the new owners hope to bring excitement back to the area and make it a place to be both in winter and summer.

"It's our way to give back to the community," Siig said.

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Siig signed a five-year lease on May 12, with an option to extend it, he said. He and the partners gained control of the space on Friday.

Hubert Kamptner, owner of Alpine Heritage, located in the Cobblestone Center, is among those who support the endeavor.

"It's a great, great idea," he said. "It's a great addition, and it might bring something to Tahoe City after 6 or 7 (p.m.). For families there's not that much after 6 or 7 o'clock except for restaurants and bars."

But that wasn't always the case, Siig recalled.

"Tahoe City used to be the place to go for nightlife," he said. "We want to bring back that nightlife to Tahoe City."

In the process, the new owners also hope to provide the area with additional entertainment and culture.

Before opening — intended for mid-July — the space will undergo renovations, including a digital upgrade, lobby and main room improvements and new bathrooms.

"The building is pretty hammered," Siig said. "It needs some tender love and care."

While in operation, the cinema had one screen and offered one movie a week, with one to two showings every night.

"What's been there forever is a substandard movie house," said Dan Hauserman, co-owner of the Cobblestone Center. "… "I think it's going to be more than just a movie theater, but a happening place in the community."

According to a post by Tim Hauserman on the Cobblestone Center's website, the Tahoe Art Haus will also feature live music and performances by Tahoe Youth Ballet. The ballet was created in 2009 by Christin Hanna and Shannon Barter to create a higher level of education, artistry and performance for young dancers across the North Shore.

Remaining North Shore cinemas are Incline Village Cinema, featuring one movie a week at 901 Tahoe Blvd., and Village Cinemas, with two movies a week at 3001 Northstar Drive. Both are of North Shore Theatres.

"It's not about making money with this, but making our community better," Steven said.